Why is Spinaroo Comm. falling/rising?

As of 22-Sep, Spinaroo Commercial Ltd's stock price is currently at 66.75, reflecting a decrease of 3.14, or 4.49%. The stock has been on a downward trend, having fallen consecutively for the last three days, resulting in a total decline of 9.8% during this period. Although it opened with a gain of 4.02% today and reached an intraday high of Rs 72.7, it ultimately dropped to a low of Rs 66.4. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, investor participation has decreased significantly, with delivery volume dropping by 76.19% compared to the 5-day average, suggesting a lack of confidence among investors.
In the broader market context, Spinaroo Commercial Ltd has underperformed compared to the Sensex, which has gained 0.46% over the past week while the stock has declined by 12.17%. This stark contrast highlights the stock's struggles relative to the overall market. Furthermore, over the past month, the stock has decreased by 12.96%, while the Sensex has increased by 1.05%. The lack of available positive factors in the dashboard further emphasizes the challenges the stock is facing, contributing to its recent price decline.